When timid bank clerk Stanley Ipkiss discovers a magical mask containing the spirit of the Norse god Loki, his entire life changes. While wearing the mask, Ipkiss becomes a supernatural playboy exuding charm and confidence which allows him to catch the eye of local nightclub singer Tina Carlyle. Unfortunately, under the mask's influence, Ipkiss also robs a bank, which angers junior crime lord Dorian Tyrell, whose goons get blamed for the heist.

Eleven-year-old North has had it with his parents. They are always busy with their careers and don't give North the attention he needs, so he files a lawsuit against them. The judge rules that North should either find new parents or return to his own parents within two months. Thus North starts off on a journey around the world to find parents that really care about him.